Though calls to break up “Big Tech” — Amazon, Apple, Google, and Facebook — have intensified over the last few years, the logic behind the movement is as tenuous as ever. From the perspective of consumer welfare, the standard that has guided competition policy in the U.S. for nearly half a century, there’s good reason to think giant tech companies actually deliver significant benefits to the public.
The notion that size of Big Tech platforms makes them inherently dangerous and harmful to consumers is not only wrong, it’s almost exactly backward.
The entire op-ed is available at The Economic Standard.